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Tucson Industrial Development Authority purchases, repurposing downtown properties

Tucson Industrial Development Authority purchases, repurposing downtown properties
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Tucson ranks among hottest rental markets in nation

It’s no news that Tucson’s housing market is firmly in sellers’ hands; houses for sale can receive more than a dozen offers in their first days on the market, often for tens of thousands more than their asking price. But a new report from RENTCafé indicates that mid-sized markets such as Tucson are also leading in rental competitivity, fueled by the housing market.  The market report, “The Hottest U.S. Rental Markets: Mid-sized Hubs Take the Lead in Competitivity,” found that 96% of apartments in Tucson are occupied with an average of 14 prospective renters per apartment, placing Tucson as the 15th most competitive rental market in the nation. This ranks Tucson alongside cities like Colorado Springs, Boise and Sacramento. 

People in Action

Clint Sundt Sundt Construction is pleased to announce Clint Sundt will serve as the operations manager for Sundt Renewables, a subsidiary of the company. He will oversee construction operations for the subsidiary’s growing portfolio of renewable power projects across the country. “As Sundt Renewables continues to grow, we’re excited to have an experienced leader like Clint on our team,” Sundt Renewables president Tom Dodson said. “His extensive construction knowledge and strong client relationships will help us continue to grow in the solar industry.” A 30-year construction industry veteran, Sundt has held numerous roles within the company and is a descendent of its founder, Mauritz Martinsen Sundt. Since joining the construction company in 1994, Sundt has worked on office facilities, mixed-use projects, water and wastewater projects, and mining projects ranging from $7 million to over $145 million. Most recently, he served as the business development

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